The SaaS industry definitely has multiple roadblocks but it is also the industry with the most opportunities and the growth and emergence of several SaaS companies simultaneously is an evidence of that.
Keeping that in mind, we are going to look at the top 100 SaaS companies based on the market cap. Let’s have a look at how the companies rose up to where they are and garner some motivation to be there ourselves one day!
SaaS companies ranked based on market cap to take inspiration from
Here is a list of SaaS companies with other crucial details about how they started and when, for you to take motivation from.
Apple
Who doesn’t know about Apple?
The company was incorporated in the year 1977 and the rest is history. Apple creates electronic products like mobile phones or shall I say iPhones, Laptops aka mac, ipads, and even watches and earphones as we know today.
The company has expanded manifolds as we see it now and initially a computer was their only main product until they hit they faced rocky sales and then launched iPod followed by iPhones.
There was no coming back from that and they established themselves as a market leader and today they are the number #1 SaaS company in the world as per market capital.
They have been acing their marketing with SEO copywriting, and winning the industry with their solutions.
Founder
Steve Jobs, Steve Wozniak, and Ronald Wayne
Market Cap
USD 3.475 T
Origin Country
USA
Microsoft
Microsoft is one of the best SaaS companies in the market and also one of the biggest competitors of Google and Apple both. The company was founded in 1975 and their biggest product until now has been their Windows operating system.
Post that, they launched Microsoft Office, which as we know today as the suite of the best productivity and work softwares without which our workflows might fall apart. This suite brought the aspect of innovation and automation to manual work quite literally revolutionizing the market.
Post that they released several other products including Xbox and Bing, their search engine.
Founder
Bill Gates and Paul Allen
Market Cap
USD 3.061 T
Origin Country
I am pretty certain that you are reading this article currently on Google itself. Clearly, Google had to be in our list of top 100 SaaS companies. Google is a search engine which has quite literally established its autonomy in the market.
There is no competitor that can currently take the crown away from Google and the credit goes to their ever evolving innovation and their ways of staying relevant.
They change with trends, for instance, as soon as AI came into existence they made sure that several of their products are there in the market too in that realm such as Gemini. And now their search engine has been updated as well to showcase AI overviews.
This habit of updating and changing with time, keeps them on top in the search engine world thus making them one of the best Saas vendors.
Founder
Larry Page and Sergey Brin
Market Cap
USD 2.053 T
Origin Country
USA
Oracle
Oracle, is one of the largest SaaS companies in the world and also one of the biggest job providers out there. The company was founded in 1977 under the name Software Development Laboratories (SDL) and eventually renamed it as Oracle Systems Corporation in 1983 to match with their flagship product known as Oracle database.
Oracle saw several ups and downs but a major event in their history was partnering with their long term rival Microsoft to connect Oracle Cloud and Microsoft Azure as an attempt to fight the Amazon Cloud Services in 2019.
Oracle has built both software and hardware for the market for the purpose of training, management, financing, and also chostings. The company has been ever growing thus making it to our list of top B2B SaaS companies in 2024.
Founder
Larry Ellison and Bob Miner and Ed Oates
Market Cap
USD 383.07 B
Origin Country
USA
SAP
Founded in 1972, SAP sells multiple Enterprise Resource Planning products including human capital management solution, customer relationship management software, supply chain management software, and more.
Eventually the company also evolved into providing cloud-based products and in 2012 they acquired multiple small corporations with cloud products. This was seen as an attempt to challenge their competitor Oracle and they made a lot of noise because of that and came to be known as one of the top SaaS companies.
Founder
Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector
Market Cap
USD 255.38 B
Origin Country
Germany
Salesforce CRM
If there is a term synonymous to CRM then that is Salesforce. Founded in 1999, Salesforece was an initiative taken by a former Oracle executive and their first investor was Larry Ellison, the co-founder and first CEO of Oracle.
This showcases that top software service companies might be competing with one another but when they see an opportunity and growth potential they do not refrain from supporting each other either.
Salesforce saw a major loss in its beginning years itself due to the dot-com bubble and had to lay off 20% of their workforce, but they bounced back stronger and today they offer a suite of solutions including, sales, service, and marketing cloud.
Founder
Marc Benioff, together with Parker Harris, Dave Moellenhoff, and Frank Dominguez
Market Cap
USD 254.43 B
Origin Country
USA
Adobe
The creative world would fall apart if Adobe and their products are taken away from the designers and creative content creators. Adobe sells a suite of multiple graphic design softwares, web design softwares, video and audio editing softwares, e-learning softwares, and 3D and AR softwares as well.
Founded in 1982 by two entrepreneurs who previously worked at Xerox Parc, Adobe today has 26,000 employees worldwide. The company is constantly evolving and updating with the technological developments and that showcases in their products as well.
It is one of the top SaaS products companies, with a lot of dependency on their product in the market, thus making them one of the most indispensable companies as well.
Founder
John Warnock and Charles Geschke
Market Cap
USD 250.03 B
Origin Country
USA
IBM
IBM or International Business Machines is a multinational company that is winning in the field of computer technology and IT consulting. The company is 100+ years old and played a pivotal role in the IT world with the introduction of the System/360 family of mainframe computers in the 1960s.
Because of this they were also known as the “Big Blue.” Currently it harbors 50,000+ employees, many of whom have also been facilitated with several accolades for their contribution to the technological world in the past.
IBM is one of the top SaaS companies in the market with the richest history that needs to be studied.
Founder
George Winthrop Fairchild, Charles Ranlett Flint, and Herman Hollerith
Market Cap
USD 182.73 B
Origin Country
USA
Intuit
Intuit is one of the largest SaaS companies that specializes in financial softwares was founded in 1983. The famous finance market related SaaS products like QuickBooks, TurboTax, CreditKarma, and also one of the email marketing platforms MailChimp – all come under the umbrella of Intuit.
The company faced a huge pressure in the 1990s from Microsoft for their core product Quicken. But they came out of it stronger than ever as they moved on to the next phase of technology and released several web-based products like QuickBooks.
Founder
Scott Cook
Market Cap
USD 173.44 B
Origin Country
ServiceNow
Service Now was founded earlier as Glidesoft, Inc. in 2003. The company builds cloud computing based products to help businesses manage workflows and also automate them.
They offer platform as a service where they package a suite of applications for various business processes including risk-management, compliance, vendor management, and more.
Their most recent expedition has been partnering with Nvidia to provide AI services to all major corporations by utilizing company specific data.
Founder
Fred Luddy
Market Cap
USD 170.92 B
Origin Country
USA
Schneider Electric
Founded in the year 1836 as Schneider & Cie, Schneider Electric works in the realm of energy and automation industries in more than 100 countries.
The Schneider brothers started in the steel and machinery industry and soon enough moved into the energy industry with the boom of the electric power market.
The company then went through major changes during and post world wars and finally as we see it today, it is a company specializing in energy solutions with a vision to make a future where access to energy resources is a basic human right.
In 2021, the company was also called the most sustainable company by the Corporate Knights.
Founder
Eugène Schneider and Adolphe Schneider
Market Cap
USD 142.08 B
Origin Country
France
Palo Alto Networks
Founded in the year 2005, Palo Alto Networks, is one of the companies that enjoyed the first mover’s advantage in the field of cybersecurity providers.
It is a company that provides cybersecurity solutions like firewall and other cloud-based solutions in the similar realm. Currently, it is serving over 70,000 clients and has the vision of protecting digital life and making the world more secure than it was yesterday.
Founder
Nir Zuk, Rajiv Batra, and Yu Ming Mao
Market Cap
USD 113.28 B
Origin Country
USA
Automatic Data Processing
In 1949, the Tub brothers founded a manual payroll processes system called Automatic Payrolls, Inc. In 1961 the company officially updated their name to Automatic Data Processing, Inc. That is also when they started using punched card machines, check printing machines, and mainframe computers.
In 2017, Global Cash card, a digital payments facilitator was acquired by the company to enhance their services followed by the acquisition of Celergo, a global payroll management service company in 2018.
Currently, they are in plan to acquire more HR based solutions and companies to further establish their claws in the market.
Founder
Henry Taub and Joe Taub
Market Cap
USD 111.21 B
Origin Country
USA
Shopify
Shopify, as we all know, is one of the greatest gifts in the business realm because it has provided endless opportunities for both small and large businesses to succeed alike.
Shopify is an e-commerce platform that offers a centralized system to the business owners to manage their entire business in one place including inventory, listings, and customer requests as well. The best part about it is that it is highly user friendly and offers multiple pricing plans based on what the entrepreneur can afford.
Founder
Tobias Lütke and Scott Lak
Market Cap
USD 95.61 B
Origin Country
Canada
Synopsys
Synopsys was founded in the year 1986, is a company that focuses on silicon design and verification, silicon intellectual property and software security and quality.
It provides tools like logic synthesis and physical design of integrated circuits to the design and manufacturing industry.
In 2023 Synopsys collaborated with Microsoft to launch Synopsys.ai to speed up the process of building semiconductor chip design.
Founder
Aart de Geus, David Gregory and Bill Krieger
Market Cap
USD 80.30 B
Origin Country
USA
Cadence Design Systems
Cadence Design Systems, Inc. began as an electronic design automation (EDA) company under the name Solomon Design Automation (SDA). In the year 1988 SDA merged with ECAD, Inc. to form Cadence Design Systems.
Currently, they are a company that designs and develops integrated circuits in electronic devices. One of their renowned products is Cadence Virtuoso platform for custom analog and mixed-signal design.
Founder
Ping Chao, Glen Antle, and Paul Huang
Market Cap
USD 73.63 B
Origin Country
USA
Workday
Workday is one of the top SaaS companies in the market excelling in solutions like cloud-based financial management system, student information management, and human capital management systems.
They launched in November 2006, and their first step towards success was the purchase of Cape Clear Software followed by a large contract with Flextronics for the human capital management services and solution.
Currently, they have multiple subscription based softwares running in the market.
Founder
David Duffield and Aneel Bhusri
Market Cap
USD 70.11 B
Origin Country
USA
Palantir
Palantir is one of the data analytics software solutions providing SaaS companies. Founded in 2003, they started with the vision to protect sensitive information from abuse.
Ever since then, their solutions have been expanded from defense to finance, aviation, and humanitarian efforts as well.
Founder
Peter Thiel, Alex Karp, Nathan Gettings, Joe Lonsdale, and Stephen Cohen
Market Cap
USD 69.25 B
Origin Country
USA
Constellation Software
Constellation Software is one of the uniquest SaaS company examples to take inspiration from. They acquire small software building companies, and hold them for long periods of time to create softwares for specific industries.
It has six operating segments that cater to different industries in the market. Those segments are.
- Volaris Group
- Harris Computer Systems
- Jonas Software
- Vela Software
- Perseus Operating Group
- Total Specific Solutions
Founder
Mark Leonard
Market Cap
USD 67.59 B
Origin Country
Canada
CrowdStrike
CrowdStrike is a cyber security company, founded in the year 2011. They came into existence with the vision to fight the ever changing world of digital threats.
They dealt specifically with the sophisticated attacks that were capable of weakening an entire country;s defense. Through their solution, they were also able to find and implicate the fact that DPRK (North Korea) was involved in the hack of Sony pictures.
Founder
George Kurtz, Dimitri Alperovitch, and Gregg Marston
Market Cap
USD 64.68 B
Origin Country
USA
Fortinet
Fortinet came into existence in the year 2000 to sell security solutions for the businesses. They sell several products like firewalls, endpoint security, wireless access points, and also sandboxes.
They have over 1500 patents under their hat and they are constantly striving to get more with the vision to make data more secure for both people and businesses.
Founder
Brothers Ken and Michael Xie
Market Cap
USD 57.65 B
Origin Country
USA
Autodesk
Autodesk was founded in the year 1982 post the acquisition of company Interact, a computer-aided design program by the founder John.
Autodesk is considered one of the Ethisphere’s World’s Most Ethical Companies and also one of the Fast Company’s Best Places for Innovators to work in the SaaS industry. They are into 3D design, engineering, and also the creation of entertainment softwares.
Founder
John Walker
Market Cap
USD 55.52 B
Origin Country
USA
The Trade Desk
Everyone knew that the next big thing in the world is digital marketing, that’s when The Trade Desk came into the world in the year 2009 as a cloud-based platform for digital advertising.
In the year 2015, they were rewarded as one of America’s Most Promising Companies by Forbes for the innovation they brought to the marketing world. The Trade Desk has the marketplace within its solution which includes over 200 industry partners with data and inventories.
Founder
Jeff Green and David Pickles
Market Cap
USD 50.74 B
Origin Country
USA
Dassault Systèmes
In the year 1981, Dassault Systèmes was launched with the goal of addressing the need of the aviation industry for more sophisticated drafting tools to have better workflows and more streamlined ways of working for the changing and developing aviation industry.
Ever since then, they have launched multiple tools like DELMIA and 3DEXPERIENCE platform to create virtual twin experiences of cities with the aim to address major global challenges and also transform how the customers operate for the better.
Founder
Marcel Dassault and Charles Edelstenne
Market Cap
USD 50.14 B
Origin Country
France
Atlassian
Atlassian is the holding company of some of the major project management tools and platforms including Jira, and Trello. In 2002, two college friends came together to build their own project management and tracking system, Jira.
Within just a year, the company got its first 1,000 customers, and ever since then, the company has been growing, making it one of the top 100 SaaS companies, since in digital realm, project tracking is a must.
Founder
Mike Cannon-Brookes and Scott Farquhar
Market Cap
USD 42.92 B
Origin Country
Australia
FICO
FICO is one of the world’s largest SaaS providers of analytics solutions such as credit scoring, that have helped both organizations and customers relate with each other better.
In 1958, they built the first credit scoring system for American Investments. Ever since then, the company has only been growing with multiple headquarters across the globe and making the facility of credit available beyond America as well.
Founder
Bill Fair and Earl Isaa
Market Cap
USD 41.55 B
Origin Country
USA
Snowflake
Snowflake is a SaaS company that provides data storage via cloud computing and also helps in data analysis by accessing multiple data sets together without any delay.
The company was founded in the year 2012, and it changes how the data storage and analysis used to be seen by speeding up the process of both. As of January 2024, the platform processes 4.2 Billion queries every single day!
Founder
Benoît Dageville, Thierry Cruanes and Marcin Żukowski
Market Cap
USD 39.50 B
Origin Country
USA
Wolters Kluwer
Wolters Kluwer came into existence when Kluwer merged with Wolters-Samsom to protect themselves from a takeover from Elsevier in 1987.
The company was then known to be the second largest production house in the Netherlands. Ever since then, they have had a mission to provide information, services, and softwares to working professionals to help them make critical decisions for business.
Their customers are there in over 180 countries and they deal with the departments like accounts, taxation, law, finance, audit, and risks.
Founder
Aebele Everts Kluwer and Jan Berend Wolters
Market Cap
USD 39.50 B
Origin Country
Netherlands
Datadog
The Datadog company was established in the year 2010 with the intent to build a solution that reduces the to-and-fro between the development and administration team.
In the initial 5-6 years they developed the first ever cloud monitoring software that was able to promote collaborative and quick problem solving in a complex cloud environment.
Currently they deal in multiple industries including IT, agriculture, hospitality, logistics, manufacturing, media, and even retail.
Founder
Olivier Pomel and Alexis Lê-Quôc
Market Cap
USD 39.16 B
Origin Country
USA
Veeva Systems
Veeva Systems is a company that is hyper-focused on the pharmaceuticals and life sciences industry and builds applications for those.
They are famously known as a cloud-computing company and they started their journey with their first ever CRM for pharma in 2010. Ever since then they have been working as one of the niche SaaS companies to provide the solutions to the same industry.
Founder
Peter Gassner and Matt Wallach
Market Cap
USD 32.13 B
Origin Country
USA
AppLovin
AppLovin is one of the most unique SaaS companies there in the market. The platform was built specifically for the game application developers to list, promote, and market their product to their ideal customers.
Due to this unique model, they have been profitable from the start and have helped multiple developers as well grow by cutting through the external noise and reaching the right audience.
Founder
Adam Foroughi, John Krystynak, and Andrew Karam
Market Cap
USD 30.11 B
Origin Country
USA
Zscaler
Zscaler is a cyber security company that protects the users from cyber attacks and data loss. The company was founded in the year 2007 that grew to become a cyber security and cloud security leader in the market.
Their unique platform can connect the users, the devices, and applications anywhere and can anticipate, simplify, and make doing business more secure.
Their solution helps your business digitally transform and at speed by risk aversion through strengthening the security on all fronts and thus, it made to our list of top SaaS products.
Founder
Jay Chaudhry and K. Kailash
Market Cap
USD 29.87 B
Origin Country
USA
Amadeus IT Group
Amadeus IT Group is a global travel technology provider that was established in the year 1987, which also explains their monopoly in the industry.
They are one of the SaaS companies that provides softwares to hotels, airports, airlines, and travel agencies to help them stay connected and on top of the travel ecosystem.
Founder
Air France, Iberia, Lufthansa and SAS
Market Cap
USD 29.63 B
Origin Country
Spain
Cloudflare
If you are working in the digital industry then I am certain that you know about Cloudflare.
Cloudflare is one of the largest SaaS companies that provides content delivery network services, cloud cybersecurity, DDoS mitigation, wide area network services, Domain Name Service, and ICANN-accredited, domain registration services.
It is also one of the competitors of GoDaddy but often beats them because of the speedy support, services and also their ease of use.
Even our ZeroAdo website is hosted on Cloudflare!
Founder
Matthew Prince and Lee Holloway
Market Cap
USD 28.05 B
Origin Country
USA
Ansys
Ansys was founded in 1970 under the name 970 as Swanson Analysis Systems, Inc. (SASI). It provides simulation software that helps the engineers figure out how well a product will perform in the real-world situations and if it should be launched or not.
Their software has been around for over 50 years and have been used in multiple industries including satellite systems, medical sciences, and sustainable stransportantion.
Founder
by John Swanson
Market Cap
USD 27.84 B
Origin Country
USA
NetApp
NetApp is a SaaS company that sells data storage solutions which of course all of us need at the moment. The company was founded in the year 1992 as Network Appliance, Inc.
NetApp created multiple solutions ever since then including Toaster, an NFS server, and the ONTAP operating system.
Currently the company works with enterprise clients to provide them integrated data storage components cloud operations.
Founder
David Hitz, James Lau, and Michael Malcolm
Market Cap
USD 27.23 B
Origin Country
USA
MicroStrategy
MicroStrategy was founded in the year 1989 and initially it started with developing a software for data mining but eventually it moved into the stream of software development for business intelligence.
Currently, it is one of the top SaaS companies that develops softwares to analyze both internal and external data to make crucial business decisions based on the circumstances.
Founder
Michael J. Saylor, Sanju Bansal, and Thomas Spahr
Market Cap
USD 27.03 B
Origin Country
USA
WiseTech Global
WiseTech Global is a logistics company providing software solutions globally. It was founded in 1994 and currently their product is operational in over 170 countries.
One of their most famous mantras for their SaaS product is that – “Anyone can talk to anyone at any time for any reason.”
They developed a software that enhances productivity as well as efficiency for the supply chains all over the world and thus, they are now a part of the top 100 SaaS companies in the world.
Founder
Richard White and Maree Isaacs
Market Cap
USD 26.83 B
Origin Country
Australia
Keysight
Keysight is a company that manufactures measurement equipment especially softwares for the industries like telecommunication, defense, aerospace, IT, and semiconductor industries.
It was founded as the spin-off of Agilent Technologies but eventually branched out to dominate into a niche of its own through innovation.
Currently the company owens 2,000+ patents and are serving over 32,000 customers across the globe.
Founder
Bill Hewlett and Dave Packard
Market Cap
USD 26.76 B
Origin Country
USA
HubSpot
Every marketer out there knows the revolution HubSpot, a company brought to the world. HubSpot was founded in the year 3006 as a marketing software but eventually it came to be known as the top SaaS companies providing “inbound sales software.”
Currently, it provides a holistic customer service, sales, and marketing platform that helps the businesses grow by providing them a centralized platform for all the three streams of the business.
Founder
Market Cap
USD 25.63 B
Origin Country
USA
Kaspi.kz
Kaspi.kz Joint Stock Company is a fintech company, specifically operating in Kazakhstan. The company was founded in the year 2008 and currently provides multiple financial services like online loan, deposits, money transfers, and payments between the merchants and customers as well.
Their main product is the ‘Super App’ that allows the customers to seamlessly do online shopping, make payments online, and also manage their finances online itself.
Founder
Mikheil Nugzarovich Lomtadze and Vyacheslav Konstantinovich Kim
Market Cap
USD 25.42 B
Origin Country
Kazakhstan
Tyler Technologies
Tyler Technologies came into existence in the year 1966 when globalization had just started and the world was settling down and rising above from the world wars and colonization.
Currently, the company provides software solutions to the public sectors like schools, municipalities, and federal agencies.
They started off as computer-assisted mass appraisal (CAMA) development company and eventually also created software solutions tax billing and collections and assess the administrative functionality as well.
Founder
Joseph F. McKinney
Market Cap
USD 24.65 B
Origin Country
USA
Samsara
Going from physical business to digital business is not an easy task. But Samsara is one of the saaS companies that took it as their mission to make it a simple task through their solution.
They provide you a solution to help the digitization of your physical business especially in the industries of transportation, construction, public sector and retail businesses as well.
Through their solution they have also helped the City of Memphis to help the citizens drive safely by providing information about the local roads.
Founder
Sanjit Biswas and John Bicket
Market Cap
USD 22.98 B
Origin Country
USA
Zoom
Zoom is a relatively new company that all of us know about, however, what we do not know about it is that the company was founded in the year 2013 by a Cisco engineer and executive.
The company gained a lot of traction during the year 2020 in the pandemic era as it kept the businesses running and carrying operations smoothly with the help of its video conferencing solution.
Zoom is still very much used by several remote businesses and have expanded to provide other solutions as well like chat and organizing events.
Founder
Eric Yuan
Market Cap
USD 22.00 B
Origin Country
USA
Leidos
Leidos was established in 1969 as Science Applications Incorporated (SAI) and their first ever customer was the United States government.
Fascinating right?
They started off as an IT services provider to the defense industry. Currently the largest operating provider in the world because of their merger with Lockheed Martin’s Information Systems & Global Solutions (IS&GS) in 2016.
Leidos deals with the areas of extreme sensitivity like defense, health infrastructure, and engineering as well.
Founder
Dr. J. Robert Beyster,
Market Cap
USD 21.00 B
Origin Country
USA
PTC
PTC Inc. (formerly Parametric Technology Corporation) was a pioneer in the parametric, associative feature-based, solid computer-aided design (CAD) modeling software in the year 1988.
10 years later, they also came up with another innovation which was an Internet-based product for Product Lifecycle Management (PLM).
PTC provides Computer Aided Design capabilities to businesses with a suite of 2D and 3D product design softwares which can help you create, view, and analyze product designs.
Founder
Samuel Geisberg, and Mike Payne
Market Cap
USD 20.99 B
Origin Country
USA
Check Point Software
Check Point Software is one of the cybersecurity based SaaS companies in the world which was established in 1993. They were the innovators who brought FireWall-1, the IT industry’s first stateful inspection firewall technology in the world.
With time, they evolved as well and currently they are operating as AI powered, cloud based cyber security services providers that are helping over 100,000 businesses and organizations of all kinds across the globe.
Founder
Gil Shwed
Market Cap
USD 20.84 B
Origin Country
Israel
SS&C Technologies
SS&C Technologies was established in 1966 to provide technology for healthcare services providers. Their range of services is vast including fund administration, tax, investor services, private credit, real assets, accounting, and compliance.
The company has an inspiring story as the founder quit his job and started the company from his basement which is now among the top B2B SaaS companies in 2024.
Founder
William C. Stone
Market Cap
USD 18.20 B
Origin Country
USA
MongoDB
One day, three former employees of an advertising company, Doubleclick, came together with the vision to create a flexible and more scalable data storage solution and database.
Currently, MongoDB is one of the world’s fastest-growing public database SaaS companies. Their solution is being used by companies in multiple facets including large gaming companies like EA and Kixeye.
Their database can process large unstructured data and is also flexible as per the different industries.
Founder
Dwight Merriman, Eliot Horowitz, and Kevin Ryan
Market Cap
USD 17.76 B
Origin Country
USA
Zebra Technologies
Zebra Technologies was incorporated in 1969 and currently it manufactures and sells products for data capture and automatic identification based on the data.
They started off with creating high-speed electromechanical products but eventually moved into creation of on-demand labeling and ticketing systems in the year 1982.
They have created multiple products ever since their incorporation which include barcode scanners, mobile computers, radio frequency identification devices (RFID) readers, specialty printers, and real-time location systems.
Founder
Ed Kaplan and Gerhard Cless
Market Cap
USD 17.73 B
Origin Country
USA
Okta
Okta is an identity and access management company founded in 2009. It provides cloud software that helps businesses add and manage user authentication and access in thor applications.
Their solution helps developers by allowing them to build identity controls into applications, websites, web services, and devices.
Okta is one of the SaaS companies creating a safe space for both businesses and customers.
Founder
Todd McKinnon and Frederic Kerrest
Market Cap
USD 16.30 B
Origin Country
USA
Gen Digital
Gen Digital was founded as Symantec and NortonLifeLock in March, 1982. They are a leading cybersecurity providing SaaS companies in the market.
Their main solutions included products like cloud security, digital safety, identity protection, and threat protection for you. They are currently helping over 500 million users across 150 countries in the world.
Founder
Gary Hendrix
Market Cap
USD 16.13 B
Origin Country
USA
Enphase Energy
As the name suggests Enphase Energy is a company that focuses on sustainable energy creation. Their revolutionizing technology is micro inverter technology that converts sunlight into safe, and usable energy resources to power our lives.
The company was founded in 2006 and they were the first ever company to commercialize sunlight in a reliable, scalable, and resilient manner.
Founder
Raghu Belur Martin Fornage
Market Cap
USD 16.13 B
Origin Country
USA
Manhattan Associates
Manhattan Associates specializes in supply chain commerce software. It is one of the SaaS companies with the most inspiring stories. 5 colleagues who worked together at Jockey, a clothing brand noted gaps in its shipping processes and that is where they got the idea for their software.
The company has remained debt-free ever since their founding and have created solutions like Pick Ticket Management System and Warehouse Management System that has helped multiple business reduce their cost and increase customer value.
Founder
Deepak Raghavan, Ponnambalam Muthiah, Alan Dabbiere, Prahlad Suresh, Deepak M.J. Rao
Market Cap
USD 15.92 B
Origin Country
USA
FactSet
FactSet was founded in 1978 when the founders of the company, who worked in Wall Street came across each other. The company provides financial data and analytics to the investors to help them make sound decisions.
Currently, they are operating profitably and offer services like asset management, trading, and market intelligence to the trading world.
Founder
Howard Wille and Chuck Snyder
Market Cap
USD 15.60 B
Origin Country
USA
Bentley Systems
Bentley Systems is an infrastructure engineering software company.
Sounds confusing? It is!
In simple language, they provide innovative softwares to improvise and advance the world’s infrastructure that can sustain both the global economy and environment.
They provide services like design, engineering, software development, and cloud architecture.
Founder
Keith A. Bentley, Greg Bentley, and Barry J. Bentley
Market Cap
USD 15.50 B
Origin Country
USA
Akamai
Akamai technologies is a SaaS company that came into existence because of a challenge between colleagues when Tim Berners-Lee, the inventor of the World Wide Web, challenged one of his MIT colleagues to find and create a better way to deliver internet.
Well the founder and founding members did and the company started off by providing a content delivery network (CDN). Eventually they evolved into cloud computing, cybersecurity, DDoS mitigation, and cloud services.
Founder
Preetish Nijhawan, Daniel Lewin, Randall Kaplan, Frank Thomson Leighton, Jonathan Seelig
Market Cap
USD 15.33 B
Origin Country
USA
Dynatrace
Dynatrace is a software intelligence platform that was built in February, 2005. Their solution uses composite AI for observability, security, and business analytics, and automation.
They offer multiple services like:
- End-to-end observability
- Digital analytics
- AI-centric innovation
- Real-time anomaly detection
- Automated baselining
- Synthetic Monitoring
Founder
Bernd Greifeneder, Sok-Kheng Taing, and Hubert Gerstmayr
Market Cap
USD 14.88 B
Origin Country
USA
Xero
Xero was founded in 2006 with the vision to help small businesses manage their finances for sustainable growth. It has done so with their solution that can automate day-to-day tasks, keep the business owners updated about their finances, and by fostering easy collaboration.
The product is being used in over 180 countries, has 4.2 million subscribers, and is sold on the subscription business model.
Founder
Rod Drury and Hamish Edwards
Market Cap
USD 14.51 B
Origin Country
New Zealand
Trimble
Trimble was founded in 1978 to take advantage of the GPS system. The company provides both software and hardware services to industries like transportation, construction, and agriculture.
They have multiple products such as GNSS receivers, scanners, total stations, laser rangefinders, unmanned aerial vehicles (UAVs), inertial navigation systems, and software processing tools.
In short, they provide products and services that connect the physical world to the digital world.
Founder
Charles Trimble
Market Cap
USD 13.79 B
Origin Country
USA
Toast
Toast is a restaurant management solution provider that provides software to process payments and record transactions.
The idea striked the founders when they were dining together and they had the thought – what if they could pay through smart phones?
They launched their first app for the same in the year 2012, which further evolved and currently their POS (Point-of-Sale) system has 4 devices including – Flex, Tap, Toast Hub, and a receipt printer.
Founder
Aman Narang, Steve Fredette, and Jon Grimm
Market Cap
USD 13.62 B
Origin Country
USA
AspenTech
AspenTech designs the softwares for industrial assets and their management, design, and maintenance. The software is especially prevalent to use in the chemical and energy industry professionals.
The project’s existence can be credited to the 1970 energy crisis following which, the chemical industry’s first computer-based modeling and simulation technology was developed.
The company was incorporated in the year 1981 which was born out of the collaboration between Massachusetts Institute of Technology (MIT) and US Department of Energy—called the Advanced System for Process Engineering (ASPEN) Project.
Founder
Lawrence B. (Larry) Evans
Market Cap
USD 13.48 B
Origin Country
USA
Sage Group
Sage Group is a global accounting software provider that started with humble beginnings of being a small startup in the UK. The company was founded in 1981 and their first software was launched in 1984 which was a software for the Amstrad PCW word processor.
They kept evolving with time, opening different divisions within the company and they finally moved towards the future with Sage Pay, a payment gateway for businesses.
Founder
David Goldman, Paul Muller, and Graham Wylie
Market Cap
USD 13.26 B
Origin Country
USA
Nutanix
Nutanix is a hybrid cloud software company launched in 2009. They were the first ever company that provided simple compute and storage infrastructure for implementing enterprise-class virtualization.
Currently, they provide one centralized platform through which you can run all your applications and data through multiple clouds making it simple for businesses to operate.
Founder
Dheeraj Pandey, Mohit Aron, and Ajeet Singh
Market Cap
USD 13.09 B
Origin Country
USA
monday.com
Monday.com is a project management software company that was founded in 2012. It is one of the largest SaaS companies in this realm operating even after facing multiple competitors like Atlassian and scaling issues.
In the last decade, they ran multiple successful marketing campaigns and used almost 95% of their revenue in marketing to finally stand where they are today, as one of the top SaaS vendors in the world.
Founder
Roy Mann and Eran Zinman
Market Cap
USD 12.96 B
Origin Country
Israel
Guidewire Software
Guidewire Software is one of the biggest SaaS companies that provides customer experience management software (CEMS).
They are also one of the largest digital product developers for supply chain management, customer management, business process management, and customer analytics as well.
They started operations in the year 2001 and now companies like PwC, Deloitte, NTT data, DXC Technologies, E&Y, Capgemini, TCS, Accenture, and cognizant are their users.
Founder
Ken Branson, James Kwak, John Raguin, and Marcus Ryu
Market Cap
USD 12.16 B
Origin Country
USA
CyberArk
CyberArk is one of the software as service companies that provides identity and access management security tools.
It was founded in 1999 by a team of security software engineers who implemented the digital vault technology (U.S. patent 6,356,941).
Currently, through this tool, you can store, manage, and access passwords across multiple organizations that you have. It helps you secure the most critical assets of your company and prevents them from cyber attacks.
Founder
Udi Mokady and Alon N. Cohen
Market Cap
USD 12.09 B
Origin Country
Israel
DocuSign
DocuSign is one of the SaaS companies that is an expert in e-signature technology and Intelligent Agreement Management. You can create and save your digital signatures using which you can speed up your business processes and workflows.
Their IAM platform allows organizations of all sizes to use their agreement data and have also promoted a sustainable environment with paperless paper trails.
The company was founded in 2003 and they have over 1.2 million paying users worldwide.
Founder
Tom Gonser, Eric Ranft, and Court Lorenzini
Market Cap
USD 11.96 B
Origin Country
USA
NICE
NICE is a multinational reference company founded in 1986 as Neptune Intelligence Computer Engineering (NICE).
They provide softwares in multiple teams such as solutions for customer engagement, financial crimes, and compliance solutions.
Currently, they are serving 25,000 companies in about 150 countries.
Founder
Lauro Buoro
Market Cap
USD 11.67 B
Origin Country
Israel
Oracle Corp Japan
We all know what Oracle is known for! While Oracle was expanding widely it founded its Japanese subsidiary in 1985 known as Oracle Corp Japan.
It is headquartered in Tokyo and has a total of 8 branches in China and Japan. They deal with cloud computing and have also shared that they plan on investing more than USD 8 Billion into the same.
Founder
Bob Miner and Ed Oates
Market Cap
USD 11.67 B
Origin Country
Japan
F5 Networks
F5 Networks was initially incorporated in 1966 under the name F5 Labs. They provide the solution to help you find what is making your applications vulnerable so you can find that weakness and then take the right countermeasures to prevent the same.
It is currently serving clients in multiple industries such as technology, telecommunications, manufacturing, education, and financial services as well.
Founder
Mike Almquist and eff Hussey
Market Cap
USD 11.63 B
Origin Country
USA
Nemetschek
Nemetschek Group is one of the SaaS companies that provide SaaS solutions to architecture, engineering, and construction industries.
The company further expanded into 3D animation and motion designs in the year 1999. Ever since then they have evolved with the upcoming technology and currently have an Innovation Foundation to support and accelerate scientific research and artificial intelligence in the construction industry.
Founder
Georg Nemetschek
Market Cap
USD 11.63 B
Origin Country
Germany
Mobileye
Mobileye is a company that excels in and provides driver assistance systems (ADAS) and computer vision technology. Currently, Mobileye is in 160 car models and used by 25 automakers.
Their technology is advanced enough to provide information about other vehicles, lane markings, pedestrians, and animals which can be used to issue early warnings and give break commands.
Founder
Prof. Amnon Shashua
Market Cap
USD 11.27 B
Origin Country
Israel
EPAM Systems
EPAM is a global software engineering services company. It started in 1933 it started with just 3 employees and had one of the milestones in the initial years of their establishment. In 1966, they helped Colgate-Palmolive develop a Salesforce Automation solution.
Post this in 1977, they landed another major product development client SAP AG. Currently, they offer services in software development, testing, customer experience, business consulting, and digital innovation.
Founder
Arkadiy Dobkin and Leo Lozner
Market Cap
USD 11.25 B
Origin Country
USA
ZoomInfo
Zoom Information was established in 2000, under the name Eliyon Technologies. Currently, it is one of the SaaS companies that provides a platform to businesses the data, insights, and technology to find and acquire multiple customers.
They are being used by 30,000 companies worldwide and are a leader in data-privacy and CCPA compliance.
Founder
Yonatan Stern and Michel Decary
Market Cap
USD 11.17 B
Origin Country
USA
Elastic
Elastic, earlier known as Elastic search, is the leading platform for search-powered solutions. Their journey started when the founder was starting a side project and was building a recipe app for his wife.
Currently they provide solutions for search, observability, and security that are built on the ElasticSearch AI Platform. Currently, their platform is used by thousands of companies out of which 50% belong to the Fortune 500 club.
Founder
Shay Banon
Market Cap
USD 10.83 B
Origin Country
USA
Pro Medicus
Pro Medicus is one of the SaaS companies in the IT healthcare industry. They provide radiology, imaging, and multiple other tech solutions to hospitals and healthcare centers worldwide.
They started in 1983 and their flagship product is Visage 7, a clinical desktop application that radiologists use to view, enhance, and manipulate images.
Founder
Sam Aaron Hupert and Anthony Hall
Market Cap
USD 10.46 B
Origin Country
Australia
Twilio
Twilio is a company that has modified communication between the businesses and their customers. They provide solutions for global communication through platforms like SMS, WhatsApp, email, and chat.
One of the major milestones for them was their product Twilio Voice which was launched in 2008 that allowed the users to make and receive calls on the cloud.
Presently they have 200,000 customers which are using their communication solutions for business and personal venture’s growth.
Founder
eff Lawson, Evan Cooke, and John Wolthuis
Market Cap
USD 9.93 B
Origin Country
USA
Amdocs
Amdocs is a company that was started in 1982 and is currently famous for their talco-grade well known solution, GenAI. This solution specifically helps in optimizing decision making and driving innovation within the companies.
Their other services include, communication and media experiences, content owner relationships, 5G, automation, and B2B portfolio.
Their customer base is vast that includes wireless, wireline, broadband, cable, and satellite services, as well as mobile financial services providers.
Founder
Morris Kahn, Boaz Dotan
Market Cap
USD 9.80 B
Origin Country
USA
Paycom
Paycom is a human capital management technology based on the cloud. The founder of the company earlier worked in payroll processing himself and then established the company in 1998.
In 2001, they expanded their services to include human resource management as well and ever since then they have been simplifying the life of the employers as well as taking care of the needs of employees together.
Some of their softwares are Push Reporting, and My Analystics.
Founder
Chad Richison
Market Cap
USD 9.35 B
Origin Country
USA
Dayforce
Dayforce is another one of the SaaS companies that provides solutions for human capital management. The company was earlier known as Ceridian and was founded in 1957.
Currently, their services include global HR, payroll management and processing system, tax management, workforce management, and talent intelligence.
Founder
David Ossip
Market Cap
USD 9.15 B
Origin Country
USA
Procore
Procore is a global construction management solution provider platform. It was founded in 2002 for general construction contractors to manage tasks and schedules. But currently, the platform provides a collaboration among all the stakeholders throughout the life cycle of construction tasks.
They currently focus on one niche only and intend to stay within the same.
Founder
Craig Tooey Courtemanche
Market Cap
USD 8.83 B
Origin Country
USA
Paylocity
Paylocity was founded in 1997 under the name Ameripay Payroll Ltd. It is a cloud based human resource and payroll management company that provides a solution to manage teams globally.
They started off the company with 50 clients in 1998 and currently they have 36,000 clients using their solution. Their services involve human capital management, time labor tracking, talent management and payroll as well.
Founder
Steve Sarowitz
Market Cap
USD 8.82 B
Origin Country
USA
OpenText
OpenText is one of the top SaaS companies across the world famous for providing a top-notch information management platform.
Their solution is advanced enough to help the organizations store, manage, and protect, and keep the content flow in check both inside and outside the organization.
They were founded in 1991 and one of their best products aka OpenText Content Suite was launched in the year 2012.
Founder
Timothy Bray, with University of Waterloo professors Frank Tompa and Gaston Gonnet
Market Cap
USD 8.77 B
Origin Country
Canada
Globant
In 2003, four friends in a bar founded Globant which is today, one of the best SaaS companies in the market.
Sounds like something both you and I would want to have as well!
Globant is an IT and software development company that helps organizations build new innovations and use AI to reinvent coding and testing. Their vision is clear and that is to help organizations in multiple industries have a scalable and accelerated digital transformation.
Founder
Martin Migoya, Guibert Englebienne, Martin Umaran, and Nestor Nocetti
Market Cap
USD 8.72 B
Origin Country
Luxembourg
Descartes Systems
Descartes Systems is a multinational tech company that specializes in logistics softwares, supply chain management systems, and cloud-based services specifically for logistic businesses.
The company was founded in 1981, and presently, they are dealing with multiple industries including transportation, retail, and distribution. They have they grip in over 160 countries and using their product to unite people and technology to get goods, transportation assets, and people wherever and whenever they are needed.
Key People
- Edward J. Ryan (CEO)
- J. Scott Pagan (president and COO)
- Allan Brett (CFO)
Market Cap
USD 8.64 B
Origin Country
Canada
Klaviyo
Klaviyo is a marketing automation company founded in 2012 with the vision to help businesses acquire, engage, and retain customers.
The company was bootstrapped and all the codes were written by themselves where for 3 constant years they kept improving the product by asking feedback from customers.
They started off as an e-mail marketing tool with the “customers first” vision and today they are one of the largest SaaS companies in the world.
Founder
Andrew Bialecki and Ed Hallen
Market Cap
USD 8.63 B
Origin Country
USA
Trend Micro
Trend Micro is one of the top SaaS companies in the cybersecurity industry that provides solutions for networks, endpoints, and hybrid cloud.
The company was founded by spouses in 1988 with their major focus on antivirus software which then evolved into the solutions they provide today. Presently, their solution is being used by 500,000 organizations and 250 million individuals for protection.
Founder
Steve Chang and Jenny Chang
Market Cap
USD 7.94 B
Origin Country
Japan
Topicus
Topicus was started with the vision to create a positive impact in the society by connecting individuals, systems, and data.
Their main services include digital consultation in healthcare, connecting information to contribute to optimal healthcare, clarity and insight into finances, and reliable, high-quality education. Also,as of now, they are present in 26 countries and expanding at speed to reach more.
Founder
Harry Romkema and Leo Essink
Market Cap
USD 7.84 B
Origin Country
Canada
SentinelOne
SentinelOne is a cybersecurity SaaS company that was founded in 2013. What separates SentinelOne from the rest of the cybersecurity SaaS companies is that their solution uses machine learning to monitor devices and cloud workloads.
Some of their famous platforms are Singularity Cloud, Singularity Ranger, Singularity Mobile, SentinelOne Remote Ops, Singularity Identity, and Singularity Signal
The company also became a unicorn in the year 202, and in 2021, their IPO was also one of the highest among all the other cybersecurity SaaS companies.
Founder
Tomer Weingarten, Almog Cohen and Ehud Shamir
Market Cap
USD 7.74 B
Origin Country
USA
Informatica
Informatica was founded in 1993 as a software development company. Their vision ws to help the companies access the potential of their most powerful assets with the help of business data and AI.
Currently, they are operating in over 100 countries and provide solutions like data integration, data quality, data catalog, data governance, and master data management.
Founder
Gaurav Dhillon and Diaz Nesamoney
Market Cap
USD 7.74 B
Origin Country
USA
Dropbox
The idea of Dropbox came out of frustration when the founder forgot his flash drive that contained crucial business information. But it wasn’t just him who faced this issue, there were many others and that is how Dropbox achieved the success it enjoys today.
Dropbox is a cloud storage platform which can be integrated with multiple business applications as well thus improving the workflow of all business.
Founder
Drew Houston
Market Cap
USD 7.72 B
Origin Country
USA
Altair Engineering
Altair Engineering was founded in 1985 and currently it is servicing over 16,000 customers. Altair Engineering is one of the SaaS companies that provide cloud solutions for complex data analytics, high performance computing, and even artificial intelligence.
They operate in multiple industries including automotive, government, finance, aerospace, and even agriculture. The solution is even used by organizations like NASA and Nokia.
Founder
James R. Scapa
Market Cap
USD 7.66 B
Origin Country
USA
SPS Commerce
SPS Commerce was earlier named as St. Paul Software was founded in 1987. They provide a platform for businesses, suppliers, retailers, and distributors in inventory control and management.
They are one of the B2B SaaS companies providing solutions to other B2B companies. They have an entire platform which is being used worldwide for collaborations between retailers and suppliers and also for other business insights to enhance sales and optimize the workflow of order fulfillment.
Founder
Market Cap
USD 7.45 B
Origin Country
USA
GitLab
GitLab was started in 2011 as an open-source code-sharing platform. As of 2023, they have been recognized as one of the leaders in the DevOps industry for the multiple solutions that they have launched.
Currently GitLab offers the following services to the developers:
- Planning.
- Source Code Management.
- Continuous Integration.
- Security.
- Artifact Registry.
- Continuous Delivery.
- Observability.
- Compliance.
Founder
Sid Sijbrandij, Dmitriy Zaporozhets and Valeriy Sizov
Market Cap
USD 7.43 B
Origin Country
USA
UiPath
UiPath was founded in 2005 from an apartment with a small team of 10 individuals who would have never thought that one day they would be in the list of top SaaS companies of the world. The company was started with the name DeskOver and with the idea to reduce stress caused by administrative tasks.
They then launched their first product called UiPath Desktop Automation that provided robotic process automation (RPA) tools to help businesses automate back-office tasks.
Founder
Daniel Dines and Marius Tîrcă
Market Cap
USD 7.27 B
Origin Country
USA
Aurora Innovation
Aurora is a self-driving vehicle company that was founded in 2017 by the innovators who had a decade of experience in the autonomous vehicles industry.
Their main product is Aurora Driver, a self-driving software that could operate in vehicles of multiple kinds including cars and trucks.
Presently, Aurora, is working with many automotive companies, some of which are Toyota, Uber, Volvo, FedEx, and PACCAR.
Founder
Chris Urmson, Sterling Anderson, and Drew Bagnell
Market Cap
USD 7.16 B
Origin Country
USA
Genpact
Genpact started in 1977 as a business processes outsourcing provider where they outsourced back office processes like processing car loans and credit card transactions.
Currently, they are operating as a company that provides IT services for building SaaS products, consulting, and providing their flagship BPO services as well.
They also offer a variety of solutions for various industries including finance and accounting, infrastructure and management, and insurance as well.
Founder
Pramod Bhasin
Market Cap
USD 6.99 B
Origin Country
Bermuda
Smartsheet
Smartsheet was founded in the year 2005 as a work management platform that is being used in multiple industries and by multiple companies like Walt Disney, Lucid Motors, and Centier Bank.
They provide a cloud based platform for execution, planning, and setting goals, making sure they are accomplished on time within the organization.
Founder
W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei
Market Cap
USD 6.89 B
Origin Country
USA
M3, Inc
M3, Inc was founded in 2000 with the vision to provide multiple medical related services online. It is a physician platform that brought reform in the healthcare industry worldwide.
They provide multiple range of services including, online medical education, a clinical platform to sell electronic medical records, and research services for medical research.
Founder
Itaru Tanimura
Market Cap
USD 6.84 B
Origin Country
Japan
Top SaaS companies to take inspiration from
All the above mentioned SaaS companies did not reach the market cap they are at today. All of them started from zero and reached heights with tremendous efforts.
All it takes is one innovation, consistent efforts, and integrated marketing for your business. You can take care of the former for your business and we will take care of the latter!
Connect with ZeroAdo, to help your SaaS business get the success it deserves with our SEO-Led Growth integrated digital marketing strategy.
